Civic Intelligence

Wellman Area Foundation Inc

EIN 42-1423920 • 501(c)3 • Wellman, IA

990-N Coverage

Profile

To assist in continued growth of the wellman area by assembling resources that are a product of the community as a whole. These resources shall be dispersed in a manner; that will promote growth and pride in the wellman area, and to enhance our citizen's quality of life.

PO Box 242Wellman, IA 52356

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2013

Net Margin

95th percentile

79%

Higher net margin than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

67th percentile

9.0%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

9th percentile

-80%

Faster revenue growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$37,990

Up $3,142 (+9.0%) from 2012

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$37,990

Up $3,642 (+11%) from 2012

Operations
Liabilities / RevenueScore unavailableNet Margin95th percentile

Revenue

Down

$4,584

Down $18,358 (-80%) from 2012

Expenses

Down

$942

Down $1,033 (-52%) from 2012

Net Income

Down

$3,642

Down $17,325 (-83%) from 2012

Trend Graphs

Balance Sheet Trend

Asset Growth67th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2012: $34,848Liabilities 2012: $500Net Assets 2012: $34,3482012Assets 2013: $37,990Net Assets 2013: $37,9902013

Highlighted filing

2013

Assets$37,990
Liabilities-
Net Assets$37,990
Open 2013 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0Revenue 2012: $22,942Expenses 2012: $1,975Net Income 2012: $20,9672012Revenue 2013: $4,584Expenses 2013: $942Net Income 2013: $3,6422013

Highlighted filing

2013

Revenue$4,584
Expenses$942
Net Income$3,642
Open 2013 Filing

Filings

Most recent year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,990
Liabilities
-
Net assets
$37,990
Revenue
$4,584
Expenses
$942
Net income
$3,642
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2013Detailed filing. Detailed filing data is available for this year.$38.0$38.0$4.58$0.94$3.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.8$0.50$34.3$22.9$1.98$21.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 12, 2014
Return Version
2013v3.1
Gross Receipts
$4,584
Mission and Program Overview

Mission

To assist in continued growth of the wellman area by assembling resources that are a product of the community as a whole. These resources shall be dispersed in a manner; that will promote growth and pride in the wellman area, and to enhance our citizen's quality of life.

Program Services

DescriptionGrantsExpenses
WORKED TOWARDS THE FINALIZATION OF PARKSIDE ACTIVITIES CENTER. THIS INCLUDED CONSTRUCTION MEETING INVOLVEMENT AND DECISIONS, PROMOTION OF THE FACILITY, ATTRACTING MEMBERS, COLLECTING PLEDGES, AND MAKING NECESSARY LOAN PAYMENTS.APPROX NUMBER OF VOLUNTEERS: 26$942-
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
THOMAS BUCKWALTERPresident-$0--
ALLEN LEICHTYDirector-$0--
BOB FREEMANDirector-$0--
PAT FREEMANDirector-$0--
KRIS BURNSTreasurer-$0--
KIM STOUTDirector-$0--
MARTY VAN ROEKELVice President-$0--
SUE MCCLELLENSecretary-$0--
Filing and Contact Details

Filer

EIN
42-1423920
Phone
3196462456

Signing Officer

Name
Thomas Buckwalter
Title
President
Signed
2014-06-12
Discuss with paid preparer
Yes

Preparer

Preparer
Michael J Van Osdol
Phone
3196536684
Supplemental Narrative

Additional Explanations

Other Expenses.1012

“Insurance $162”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $500 Accounts Payable and Accrued Expenses - Ending $0”

Raw XML Appendix176 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum03196466695
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine101050 CIRCLE DR BOX 435
IRS990EZ/BooksInCareOfDetail/USAddress/City0WELLMAN
IRS990EZ/BooksInCareOfDetail/USAddress/State0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode052356
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04848
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IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0THOMAS BUCKWALTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ALLEN LEICHTY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BOB FREEMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PAT FREEMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KRIS BURNS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KIM STOUT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MARTY VAN ROEKEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7SUE MCCLELLEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0162
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ASSIST IN CONTINUED GROWTH OF THE WELLMAN AREA BY ASSEMBLING RESOURCES THAT ARE A PRODUCT OF THE COMMUNITY AS A WHOLE. THESE RESOURCES SHALL BE DISPERSED IN A MANNER; THAT WILL PROMOTE GROWTH AND PRIDE IN THE WELLMAN AREA, AND TO ENHANCE OUR CITIZEN'S QUALITY OF LIFE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WORKED TOWARDS THE FINALIZATION OF PARKSIDE ACTIVITIES CENTER. THIS INCLUDED CONSTRUCTION MEETING INVOLVEMENT AND DECISIONS, PROMOTION OF THE FACILITY, ATTRACTING MEMBERS, COLLECTING PLEDGES, AND MAKING NECESSARY LOAN PAYMENTS.APPROX NUMBER OF VOLUNTEERS: 26
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0942
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0500
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0942
IRS990EZ/TotalProgramServiceExpensesAmt0942
IRS990EZ/TotalRevenueAmt04584
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04557
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt022938
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0495301
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0514440
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0501714
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01538950
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt07
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt098
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02465
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02618
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt098
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02465
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02618
IRS990ScheduleA/InvestmentIncomeCYPct00.00170
IRS990ScheduleA/InvestmentIncomePYPct00.00500
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99830
IRS990ScheduleA/PublicSupportPY509Pct00.99050
IRS990ScheduleA/PublicSupportTotal509Amt01538950
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04557
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt022938
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0495301
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0514440
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0501714
IRS990ScheduleA/Total509Grp/TotalAmt01538950
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt04564
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt022942
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0495345
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0514538
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0504179
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01541568
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Insurance $162
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Accounts Payable and Accrued Expenses - Beginning $500 Accounts Payable and Accrued Expenses - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Total Liabilities.1001
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS BUCKWALTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-06-12
ReturnHeader/Filer/BusinessName/BusinessNameLine10WELLMAN AREA FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WELL
ReturnHeader/Filer/EIN0421423920
ReturnHeader/Filer/PhoneNum03196462456
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 242
ReturnHeader/Filer/USAddress/City0WELLMAN
ReturnHeader/Filer/USAddress/State0IA
ReturnHeader/Filer/USAddress/ZIPCode052356
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10LATTA HARRIS HANON PENNINGROTH LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10116 West Main
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Washington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode052353
ReturnHeader/PreparerPersonGrp/PhoneNum03196536684
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J VAN OSDOL
ReturnHeader/ReturnTs02014-06-12T07:56:28-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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